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625
Nov 8, 2013
11/13
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CNBC
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going into budget and deficit debate will worry cfos we have to hoard a lot of cash. it will be be a very slow process to unwind that cash and get it invested back into the economy. >> maria, that continues to be an ongoing headwind market makers say will be the dysfunction in washington. will that be the factor that, perhaps, stops the s&p 500 from moving higher. >> yeah, it's a fantastic point, seema. let me ask you in terms of the correction you're expecting. how significant? >> i think can you go a good 10%, 15% in the first quarter. we've had a lot of delayed corrective junctures. the market is being overwhelmed by new cash, has kept going higher despite intermarket deterioration. i think at some point the fed is risking 1999-style bubble. they might have to taper the stock market's enthusiasm rather than taper the bond market. wealth effect is not filtering through to the economy yes. jobs data is exciting but may be revised lower. we may see continuation into the year higher as i and others have been negative. i'm patiently waiting for a correction. we may see
going into budget and deficit debate will worry cfos we have to hoard a lot of cash. it will be be a very slow process to unwind that cash and get it invested back into the economy. >> maria, that continues to be an ongoing headwind market makers say will be the dysfunction in washington. will that be the factor that, perhaps, stops the s&p 500 from moving higher. >> yeah, it's a fantastic point, seema. let me ask you in terms of the correction you're expecting. how significant?...
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Apr 30, 2013
04/13
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CNBC
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>> mandy, a real rethink going on of aitude toward the sequester and deficit reduction, as that deficit reduction begins to hurt the economy. our survey, 46 responsibilitiants this time around in the month of aim. we asked them about the deficit and how urgent they saw it to be. 80% in january, 67 in march said we need a plan now. only 25% says the u.s. -- a couple years, 4% said no need. look at the april results. a big change here. 52%, gone down from 80 to 52. those who say the u.s. has time to enact it, up to 39%. even some talk in here, not a lot, just 9%, but higher than it was. it starts to rival this 52%. big change in the attitude towards the deficit. how about attitudes toward the sequester and congress? you could see here pretty much the way it was. should they continue it as it is? this is the april results. 35%, continuing but change the makeup. still the same as it was back march compared to april. now take a look at what they're saying. a little bit more support, and less support. i think that's the key right here, less support from 20% to 9%, say we need more cuts now. a
>> mandy, a real rethink going on of aitude toward the sequester and deficit reduction, as that deficit reduction begins to hurt the economy. our survey, 46 responsibilitiants this time around in the month of aim. we asked them about the deficit and how urgent they saw it to be. 80% in january, 67 in march said we need a plan now. only 25% says the u.s. -- a couple years, 4% said no need. look at the april results. a big change here. 52%, gone down from 80 to 52. those who say the u.s....
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Sep 24, 2013
09/13
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FBC
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eye 72
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we had just gone through a massive explosion of the deficit. $17 trillion of national debt and we are still spending 24% of gdp. and we have not yet caught one dime from $2.5 trillion of entitlement. we have barely put a pin prick into the defense spending or so-called discretionary spending. we have raised taxes and that is out of the way. now they need to face the monster they have created. neil: we have done as much as we can do. when you hear this from a top democratic leader, does that give you any confidence you that you will be able to get this together? >> no, but it tells me why it is so crucial that the republicans take a stand finally. laid on the comet. let the american people know that they have to choose. if the government gets shut down, the national parks are closed. neil: with or without its being paid for the health care law? >> i would say either war or both. the health care, the obama health care entitlement is the single largest regulatory and fiscal disaster enacted in the history of america. neil: so you are on the side of the senator ted cruz? >> absolutely. th
we had just gone through a massive explosion of the deficit. $17 trillion of national debt and we are still spending 24% of gdp. and we have not yet caught one dime from $2.5 trillion of entitlement. we have barely put a pin prick into the defense spending or so-called discretionary spending. we have raised taxes and that is out of the way. now they need to face the monster they have created. neil: we have done as much as we can do. when you hear this from a top democratic leader, does that...
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the deficit, like how much debt or adding. over a trillion. just when you're. federal government runnng a a tab of a rillion. we talk about this number of the me. let's get this zero's again. a very big number. tough to get your arms around these numbers. when you see it on a piece of paper it's easier. i thought it would be even easier ifwe thought about one american household. what if each of those numbers translate it into one family. if you ran the household like the federal government here is what you would be looking at. your family income, 24400. your spending, 305,400. look at this. what's going on? you can't do this. if you were spending 35,000 only had 24,000 coming in, that's a nightmare. the new debt would be 10,900. it's a nightmare. so let's talk about your total credit card debt. if you were on par with the federal government your total debt would be $163,000. you're not even earning 25,000. you would be in huge trouble. you would be insolvent. i would call you a deadbeat. of course you're too smart to do something this stupid. capitol hill is no
the deficit, like how much debt or adding. over a trillion. just when you're. federal government runnng a a tab of a rillion. we talk about this number of the me. let's get this zero's again. a very big number. tough to get your arms around these numbers. when you see it on a piece of paper it's easier. i thought it would be even easier ifwe thought about one american household. what if each of those numbers translate it into one family. if you ran the household like the federal government here...
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Sep 22, 2013
09/13
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CNN
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we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking trophies. >> you don't want to take entitlements. >> we don't want to sit at a table that says there's no place for social security in a civilized stoet. society. >> this isn't just the odd person out in their caucus. and by the way, by the way, the voucherizing of the medicare is in the ryan budget. medicare should wither on the vine. that is in the ryan budget. president washington said as he was leaving, he cautioned political parties at war with their own government. let me introduce you to the republican caucus in the house of representatives. not all of them, as you say, don't paint them all with the same brush, but enoug
we all want to reduce the deficit. remember this, president obama, when he became president, he said, i'm going to cut the deficit in half in four years. he did it in four years and three months. he did that. he's on a path to deficit reduction, we're all committed to that. put everything on the table, review it. but you cannot have anymore cuts just for the sake of cuts. right now you're taking trophies. >> you don't want to take entitlements. >> we don't want to sit at a table...
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Jan 2, 2013
01/13
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CNNW
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the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path that paying down its debt while also putting americans back to work, rebuilding our roads and bridges and providing investments in areas like education and job training. unfortunately there just wasn't enough support or time for that kind of large agreement in a lame duck session of congress. and that failure comes with a cost, as the messy nature of the process over the past several weeks has made business more uncertain and consumers less confident. but we are continuing to chip away at this problem step by step. last year i signed into law $1.7 trillion in deficit reduction. tonight's agreement further reduces the deficit by raising $620 billion in revenue from the wealthiest households in america and there will be more deficit reduction as congress de
the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path that paying down its debt while also putting americans back to work, rebuilding our roads and bridges and providing investments in areas like education and job training. unfortunately there just wasn't enough support or...
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Jan 15, 2013
01/13
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FBC
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. >> this is turning stuff, and the president is saying things like not to worry about the deficit. that is really for the proletarian, the more pedestrian takers among master of the deficit, the sustainable that. this is abject non says that he is doing, and he is being hailed by the national liberal media as some sort of -- some sort of articulation. >> i am one of those who is in the center, a supporter of the bowls' simpson planned and i agree with your characterization the problem is, you are offering a countervailing you. the republicans, with all due respect, are not. there is not an alternative narrative, not pushing the president to negotiate, and he is not talking to anybody. lou: i love this comment. the president saying of the second amendment is not whether we believe in the second member not. you have to literally hear this to believe it. but. >> the issue here is not whether or not we believe in the second amendment. the issue is, are there sensible steps that we can take to make sure that somebody like the individual in newtown cannot walk into a school and gun down
. >> this is turning stuff, and the president is saying things like not to worry about the deficit. that is really for the proletarian, the more pedestrian takers among master of the deficit, the sustainable that. this is abject non says that he is doing, and he is being hailed by the national liberal media as some sort of -- some sort of articulation. >> i am one of those who is in the center, a supporter of the bowls' simpson planned and i agree with your characterization the...
140
140
Jan 2, 2013
01/13
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CNNW
tv
eye 140
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the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path that paying down its debt while also putting americans back to work, rebuilding our roads and bridges and providing investments in areas like education and job training. unfortunately there just wasn't enough support or time for that kind of large agreement in a lame duck session of congress. and that failure comes with a cost, as the messy nature of the process over the past several weeks has made business more uncertain and consumers less confident. but we are continuing to chip away at this problem step by step. last year i signed into law $1.7 trillion in deficit reduction. tonight's agreement further reduces the deficit by raising $620 billion in revenue from the wealthiest households in america and there will be more deficit reduction as congress de
the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to negotiate a larger agreement that would put this country on a path that paying down its debt while also putting americans back to work, rebuilding our roads and bridges and providing investments in areas like education and job training. unfortunately there just wasn't enough support or...
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Apr 7, 2013
04/13
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MSNBCW
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he's saying that as part of a larger deficit reduction plan, which is part of an economic strategy to strengthen jobs in our economy, that there's not -- are you ready for this? there's not one single penny, not one, that you can get from any tax expenditure, any special interest tax break, any loophole for the most well-off american that you can apply for deficit reduction. >> thanks so much gene sperling from the white house. the managing he heditor of the , i think normally somebody has to lead, and it's one of those things almost like in a kidnapping you have to -- i want the baby back, here is your $100,000. you have to do it exactly at the same time. in this case the republicans didn't want to do it at exactly the same time. the president has to lead and i think it has trickiness. what do you think? >> you're right in the sense the president is doing like a hostage exchange saying we know that republicans want something very specific. they would like to cut entitlements. democrats should understand republ republicans would like to either raise the retirement age or deeply cut en
he's saying that as part of a larger deficit reduction plan, which is part of an economic strategy to strengthen jobs in our economy, that there's not -- are you ready for this? there's not one single penny, not one, that you can get from any tax expenditure, any special interest tax break, any loophole for the most well-off american that you can apply for deficit reduction. >> thanks so much gene sperling from the white house. the managing he heditor of the , i think normally somebody...
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52
Jan 18, 2013
01/13
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CNBC
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eye 52
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i like the enforced budget cuts because that really helps the deficit. so i'm in favor of that. >> it's another reason the vix is down this much today, judge. you look at the market the market is pretty flat today. but the vix is just getting cranked. >> on your point, sorry to interrupt, i want to let everybody know the vix is now, reading a note from our news desk the vix is below 13 for the first time since june of 2007. and lot of that would mean that the risk premiums of course have shrunk and that would be because people are looking out saying rather than at the end of january beginning of february they've got to really ramp up the rhetoric and we get right back to the fisticuffs we saw in december we're not perhaps going to get that now because of this what john harwood just reported. >> another down day for apple and off more than 4% this week is a bottom near or will demand worries keep weighing on shares? pete, i'll go to you on this one. >> stay away from apple. i don't understand what the fascination. everybody has had this fascination that t
i like the enforced budget cuts because that really helps the deficit. so i'm in favor of that. >> it's another reason the vix is down this much today, judge. you look at the market the market is pretty flat today. but the vix is just getting cranked. >> on your point, sorry to interrupt, i want to let everybody know the vix is now, reading a note from our news desk the vix is below 13 for the first time since june of 2007. and lot of that would mean that the risk premiums of course...
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Oct 28, 2013
10/13
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CNBC
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eye 86
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its the current account deficit story where the massive risk is. i think that bifurcates em nations. you can say countries like india have an issue, turkey have an issue because they haven't gotten their fiscal house in order. when borrowing costs go up they have an issue from the government. but make the opposite case for other markets. >> hold your thought. kate kelly has breaking news regarding s.a.c. capital. >> long awaited settlement could be coming, i'm told as early as this week. as part of this nearly agreed to settlement, s.a.c. likely to make guilty on some of the charges, those include security and wire fraud. not clear what the nature of the plea will be but it means down the line s.a.c. will not be able to manage public money. once it pleads guilty it will have to be a family office, managing the money of steve cohen and employeers and shut down and reopen in other capacity. likely to be a monetary fine north of $1 billion. exact terms still developing. i'm told very close, scott. they've agreed to the broad contours of the deal and w
its the current account deficit story where the massive risk is. i think that bifurcates em nations. you can say countries like india have an issue, turkey have an issue because they haven't gotten their fiscal house in order. when borrowing costs go up they have an issue from the government. but make the opposite case for other markets. >> hold your thought. kate kelly has breaking news regarding s.a.c. capital. >> long awaited settlement could be coming, i'm told as early as this...
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Jan 14, 2013
01/13
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CNNW
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eye 208
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the consensus is, we need about $4 trillion to stabilize our debt and our deficit. which means we need about $1.5 trillion more. the package that i offered to speaker boehner before we -- before the new year would achieve that. we were actually fairly close in terms of arriving at that number. so if the goal is to make sure that we are being responsible about our debt and our deficit, if that's the conversation we're having, i'm happy to have that conversation. and by cin
the consensus is, we need about $4 trillion to stabilize our debt and our deficit. which means we need about $1.5 trillion more. the package that i offered to speaker boehner before we -- before the new year would achieve that. we were actually fairly close in terms of arriving at that number. so if the goal is to make sure that we are being responsible about our debt and our deficit, if that's the conversation we're having, i'm happy to have that conversation. and by cin
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113
Dec 27, 2013
12/13
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KCSM
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eye 113
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civil servant awake cheap money inflows not speak its budget deficit to seventeen percent for men it's going to the reality is that the last month the government had to step in and support the economy by selling dollars raising interest rates. to be winnable long bullet on the euro fell to a record low in september was an exception and that it didn't put up the cost of borrowing the country's central bank kept its reserves spending a significant amount of foreign currency details of the pots six months. the easiest economic problems are manifesting even before that spirit. that was going on with just a mom from key markets like china. a seventeen percent for the repeal the don't find interest rates which has restricted economic expansion i settled in for kids to see the brand. it's almost like well before the fed statement and the country's finance minister has admitted the government doesn't have the means to each of the sets was still low compared to those of many other emerging market economies. investors believe that his country he's one of the most dynamic would be a staple of the
civil servant awake cheap money inflows not speak its budget deficit to seventeen percent for men it's going to the reality is that the last month the government had to step in and support the economy by selling dollars raising interest rates. to be winnable long bullet on the euro fell to a record low in september was an exception and that it didn't put up the cost of borrowing the country's central bank kept its reserves spending a significant amount of foreign currency details of the pots...
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Feb 11, 2013
02/13
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CSPAN
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he has absolutely no suggestions for how to get on top of welfare, get our deficit down, get our economy moving, or do anything else. >> today we discover he has not even got a clue about his own policy. his answers remind us of what his party and country are saying about him. the only people he listens to are a small group of rich and powerful people at the top. that is why he has come up with a policy that is unworkable and unfair. he is a prime minister who is weak, incompetent, and totally out of touch. >> that is pathetic scripted rubbish that we get used to every wednesday. on the issue of who listens to hill, i have a very clear idea of who he listens to, because we heard it in a the lse lecture by len mccluskey, who said this -- "i met ed miliband and he asked me this question -- if you had three wishes, three things you would like us to do if we got back into power , what would you like them to be? his answer -- trade union freedom, trade union freedom, trade union freedom. that is who he wants to be the fairy godmother to. >> at the time of the strategic defense and security re
he has absolutely no suggestions for how to get on top of welfare, get our deficit down, get our economy moving, or do anything else. >> today we discover he has not even got a clue about his own policy. his answers remind us of what his party and country are saying about him. the only people he listens to are a small group of rich and powerful people at the top. that is why he has come up with a policy that is unworkable and unfair. he is a prime minister who is weak, incompetent, and...
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95
Sep 29, 2013
09/13
by
FBC
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eye 95
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the important thing when you have a deficit and if you have a deficit you need to spend that money wisely. not just throwing it at the dogs. >> eric: your unemployment rate is what? 6%? >> yes. >> eric: do you look at ours at 2.3, what are you doing differently? >> i think we are, we're small enough to be more flexible. i believe that this flexibility is givg to results. we can do better and we will do better. we're positioning the economy now as part a global market, rather than just the european market. that is where things will get better. >> eric: all right. we'll leigh leave -- we'll leave it there. not often you have a head of state on "cashin' in." we have one this week. that is it for cost of freedom block. thank you for joining us. weigh in on the topics we discussed on twitter. >> announcer: the following program is brought to you by nopalea -- the anti-inflammatory wellness drink from trivita. stay tuned for an exciting offer for nopalea. a few years ago, trivita founder michael ellison introduced the world to nopalea. his goal was to bring wellness and a better quality of life
the important thing when you have a deficit and if you have a deficit you need to spend that money wisely. not just throwing it at the dogs. >> eric: your unemployment rate is what? 6%? >> yes. >> eric: do you look at ours at 2.3, what are you doing differently? >> i think we are, we're small enough to be more flexible. i believe that this flexibility is givg to results. we can do better and we will do better. we're positioning the economy now as part a global market,...
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the estimated deficit reduction, just 650 billion. and oh, by the way, contrary to what you heard, the middle class gets socked with a tax hike. you earn 50,000, get ready to pay an additional thousands of assam. here with details, scott hodge, president of the tax foundation. thank you for coming in. let's get into the details of this behemoths, a huge bill, starting with the average tax increases that people are going to face here. if you're making 50,000, 75,000, as i said, 822 will be your increased tax, what you will owe, and it just keeps going. >> well, that's exactly right. that, the tax increases in the middle class will come from the exploration of the temporary reduction in apparel tax which was reduced, as you know, 2 percent. that goes away, and so our payroll taxes will go up. the average taxpayer will see an increase of the thousand dollars gerri: is circles within circles. we talk about the bush income taxes expiring. you're not talking about the payroll tax, social security income tax. we put that in place. it was sti
the estimated deficit reduction, just 650 billion. and oh, by the way, contrary to what you heard, the middle class gets socked with a tax hike. you earn 50,000, get ready to pay an additional thousands of assam. here with details, scott hodge, president of the tax foundation. thank you for coming in. let's get into the details of this behemoths, a huge bill, starting with the average tax increases that people are going to face here. if you're making 50,000, 75,000, as i said, 822 will be your...
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Jan 2, 2013
01/13
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CNNW
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eye 166
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now they're going to turn and pivot and fight over how to bring down the nation's deficit. the president will have to battle with the republicans. he'll make the case that it should be between revenues and spending cuts, and we all know republicans argue it should not include revenues. and the debt ceilinging ins no going to be hit at the same time that this spending delay is hit in february. so we're going to have another titanic battle just two months from now. the big question is will the president take a little break and go to hawaii in between. we'll see, wolf. >> his family is still out there. i'm sure he'd love to head back to the state where he is born. let's see what happens in the next couple of hours. jessica, don't go too far away. one house republican who said he was -- she was reluctant to support the bill, member of the house financial services committee is joining us now. congresswoman, you'll vote which way for this senate bill? >> wolf, i didn't hear your entire question, i'm sorry. >> are you going to vote in favor of the senate bill or are you going to v
now they're going to turn and pivot and fight over how to bring down the nation's deficit. the president will have to battle with the republicans. he'll make the case that it should be between revenues and spending cuts, and we all know republicans argue it should not include revenues. and the debt ceilinging ins no going to be hit at the same time that this spending delay is hit in february. so we're going to have another titanic battle just two months from now. the big question is will the...
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Sep 27, 2013
09/13
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FBC
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eye 96
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on an issue that has nothing to do with the deficit. >> he also told congress to increase the debt ceiling. he said he won't negotiate on that, something the white house has been saying for months now. we haven't gotten to that. we're still working to avoid government shutdown on tuesday. we got reaction from house speaker john boehner's office. the house will take action to reflect the fundamental fact that the americans don't want a government shutdown and the train wreck that is obamacare. grandstanding, refusing to a part of this process won't bring congress any closer to a resolution. house lawmakers are not quite sure what the resolution will be. they have not yet to have the next offer. they will attach to policy to the spending bill to avoid a government shutdown. they just don't know what maybe we'll know tomorrow. maybe not. back to you. david: maybe, maybe not. rich edson. good stuff. liz: thank you, rich. david: it is one of the most successful kick-starter campaigns ever but will pebble smart watches, have you seen them? will they fend off fierce competition from big tech comp
on an issue that has nothing to do with the deficit. >> he also told congress to increase the debt ceiling. he said he won't negotiate on that, something the white house has been saying for months now. we haven't gotten to that. we're still working to avoid government shutdown on tuesday. we got reaction from house speaker john boehner's office. the house will take action to reflect the fundamental fact that the americans don't want a government shutdown and the train wreck that is...
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reduction or you're not for deficit reduction. if you're for it, then revenue has to be on the table. that's the simple statement. >> ben stain, rein, revenue has on the table? >> you might as well say that because tax is $2.7 ga jillion dollars. there's no meaning to a number without saying the other side on the balance sheet. we need to raise taxes. you have to raise taxes. >> we have two big blocs in this country. one wants a lot of entitlement. one wants lower taxes. they have to be meet in the middle. there has to be cuts in entitlements, and there has to be higher taxes where you live. >> you have said in the past if you're not going to cut spending, then the only other solution is to raise taxes. what i'm wondering is the more we talk freely about voluntary tax hikes before we address entitlement reform or the big spending issues, we're never going to get around to the big spending issues. and there's a lim to how much you can tax people, isn't there? >> well, there's not much of a limit. we had tax rates of 91% during worl
reduction or you're not for deficit reduction. if you're for it, then revenue has to be on the table. that's the simple statement. >> ben stain, rein, revenue has on the table? >> you might as well say that because tax is $2.7 ga jillion dollars. there's no meaning to a number without saying the other side on the balance sheet. we need to raise taxes. you have to raise taxes. >> we have two big blocs in this country. one wants a lot of entitlement. one wants lower taxes. they...
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84
Jul 23, 2013
07/13
by
FBC
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eye 84
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shrinks, cbo has twiced revised its estimate of deficit in last 8 months we have lowest deficit projected this year any time in last 4 years. >> can you provide some numbers for, that dave? >> since world war ii. >> please, you know -- >> big deficit were truth of ththeeconomy being -- >> as we come out of this bad economy times deficit will string of, that happens were clinton and now. >> i am wondering -- >> washington. charles: one at a time. >> washington, back in january, was facing this same problem, in problem is spending, problem is spending, dave. and back in january, when they struck a deal, the cbo estimated that this particular debt ceiling deal was going to add 4 trillion to the debt over 10 years, you cannot tell me that is deficit reduction. charles: katy, you know -- really, at this point, a trillion, silt numbers we neverw before. in am bottom line the clock is ticking do we have confidence to think it will not know a huge fiasco in. >> the big joke is don't tell obama what comes after a trillion, right? we're seeing that play out, in white house and on capitol hill. but
shrinks, cbo has twiced revised its estimate of deficit in last 8 months we have lowest deficit projected this year any time in last 4 years. >> can you provide some numbers for, that dave? >> since world war ii. >> please, you know -- >> big deficit were truth of ththeeconomy being -- >> as we come out of this bad economy times deficit will string of, that happens were clinton and now. >> i am wondering -- >> washington. charles: one at a time....
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Feb 9, 2013
02/13
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CSPAN
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. >> tomorrow on news makers the federal debt and deficit, the cuts known as sequestration beginning on march 1. you can watch the interview on news makers tomorrow at 10:00 a.m. eastern and 6:00 eastern here on c-span. >> and you are watching the communicate tors on c-span. we are on location at the c.e.s. international 2013 show in lave from the -- from las vegas. here at c.e.s. international, samsung has a large display and we are joined by david steel of samsung. begin by giving us a snapshot of the samsung corporation. >> it is now the largest technology company in the world by sales. we cover components all the way through to finished goods like home appliances, televisions and smartphones. so you will see a whole range of products at the booth where we are showing audio systems, home appliances, televisions, the whole range of electronic products. >> what is your position at samsung, for what are you response snble >> i'm responsible for our corporate strategy in north america america and looking at all of our corporate strategies across that. so overseeing all the product are
. >> tomorrow on news makers the federal debt and deficit, the cuts known as sequestration beginning on march 1. you can watch the interview on news makers tomorrow at 10:00 a.m. eastern and 6:00 eastern here on c-span. >> and you are watching the communicate tors on c-span. we are on location at the c.e.s. international 2013 show in lave from the -- from las vegas. here at c.e.s. international, samsung has a large display and we are joined by david steel of samsung. begin by giving...
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Sep 5, 2013
09/13
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. >>> attention deficit memory problems may require a different prescription. patty tells us why video games may be good for the brain. >>> that's right. a dream come true for a lot of gamers and the study was down here at ucsf and we will take you inside the lab the day before the findings are published. taking out bad guys, aliens and other invaders is a favorite past time for gamers. >> you have to try different experiments of how to play. >> nicole says she believes that video games are entertaining and educational, something adam gozale has past five years to prove. >> it happened by accident. they are entertainment games and not trying to do this. by trying to do it, we can do it better. >> he designed the game racer to improve the multi-tasking abilities of people over 60. what he found was that the brain boost affected more than just attention span. >> for example, working memory, holding a face and mind for a very brief period of time and responding to it correctly, that gets better in people. >> there is skepticism. it is game over for game training s
. >>> attention deficit memory problems may require a different prescription. patty tells us why video games may be good for the brain. >>> that's right. a dream come true for a lot of gamers and the study was down here at ucsf and we will take you inside the lab the day before the findings are published. taking out bad guys, aliens and other invaders is a favorite past time for gamers. >> you have to try different experiments of how to play. >> nicole says she...
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Sep 9, 2013
09/13
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KRON
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they would not extend your deficit during retirement. >> the government will assume a lot more liability in retirement plans. a >> we are watching the olympics. they are going to tokyo. >> i think this will be a winner. they will fill a lot of our willingness and infrastructures. if japan i a companis a country that will need a lot of work. this will help stimulate their economy. i think this is a win for them. >> i also like to a ask you about this study about $241,000 is the cost to raise a child. >> this is very expensive. >> if you make over $100,000 a year, that is basically the amount. selma's are less than $16,000 a year. they can be taken care of of that is like a convertible. i would be cautious. $31,000 is tied to housing. let's face said that your real estate will go up and what looks like sticker shock can actually be a good investment. if you are single wednesday in an apartment, at education as of 25%, transportation as 14%. you can buy engineer in branson says. there are ways for you to save. >> let's talk about alco and their big announcement coming tomorrowapple and thei
they would not extend your deficit during retirement. >> the government will assume a lot more liability in retirement plans. a >> we are watching the olympics. they are going to tokyo. >> i think this will be a winner. they will fill a lot of our willingness and infrastructures. if japan i a companis a country that will need a lot of work. this will help stimulate their economy. i think this is a win for them. >> i also like to a ask you about this study about $241,000...
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Jan 2, 2013
01/13
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CNBC
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the government runs the deficit and the fed buys the deficit. high yield which is an important area for us over the last few years has gone from a 25% yield in '08 to 6.3, 6.4 presently and no great bargains there, one-off but no asset class as a generalization so you're left with equities and equities are in a zone of fair evaluation to modest evaluation. i'll give you a little set of statistics. where is the bubble? in the year 2000, cisco was 100 times earnings, didn't pay a dividend and ten-year u.s. governments were 6.5%. today cisco is struggling to sell around ten times earnings, yields not far from 3%, which is not quite twice the 1.7%, 1.8% ten-year bond. the bubble isn't in equities. i think the bubble is in bonds. >> why only 340destly optimistic for stocks for 2013? i know you're spreading the wealth figuratively and literally to your team. you have the u.s. economy seemingly improving, house something getting better, china seems to be improving as well, you've got europe not as bad as certainly it was, and the ecb, central banks all
the government runs the deficit and the fed buys the deficit. high yield which is an important area for us over the last few years has gone from a 25% yield in '08 to 6.3, 6.4 presently and no great bargains there, one-off but no asset class as a generalization so you're left with equities and equities are in a zone of fair evaluation to modest evaluation. i'll give you a little set of statistics. where is the bubble? in the year 2000, cisco was 100 times earnings, didn't pay a dividend and...
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Sep 21, 2013
09/13
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FBC
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but of couse we cannot do that with these very large fiscal deficits unless we tackle the deficit. so how'd he do that? you do it by combination of slowing the growth of the entitlement pogram and by going after some of the government spending that is built into the tax code. neil: democrats are going to wait and see what the revnu are. >> that is what going after the spending that is in the tax code is about. so if i go in and buy a fuel-efficient car, the government rewards me. they don't send me a check, it gives me a tax break. if i buy a solar panel, the same thing happens. neil: would you raise any rates? >> i would not, i would lower rates. part of the idea is that we can lower rtes and corporate rates and we could do a better job for entrepreneurs if we could close some f hes deficits. neil: what about other tax rates and mortgage rates. >> i would say take all of the deductions except the charitable deductions. think the charitable deduction is a special case. that is the only one that stays for me. beuse i don't benefit when i write a check to a hospitalor to the united w
but of couse we cannot do that with these very large fiscal deficits unless we tackle the deficit. so how'd he do that? you do it by combination of slowing the growth of the entitlement pogram and by going after some of the government spending that is built into the tax code. neil: democrats are going to wait and see what the revnu are. >> that is what going after the spending that is in the tax code is about. so if i go in and buy a fuel-efficient car, the government rewards me. they...
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and now we've got a trillion dollar deficit. i just don't know where this administration is coming from. charles: he added the caveat we have like a health care sort of problem, which at least we believe the next course of attack will be anything associated with that. people out there watching the show whose employers pay for their health care, those great fringe bertnefits, we used to tk about, i don't see how they escape this year without being taxed. >> dreadful and also, government spends one-- i mean, $4 out of every $10 it pulls in on government health care, medicare and medicaid and that fiscal cliff is going to turn into a brick wall. stuart: fast, i've got to break away for news on aig, management telling fox business there's no way they're going to join hank greenberg's bailout lute-- against the united states. that the people bailed out would sue the government which bailed them out successfully. that really caused a furor. charles: we already feel like suckers, can you imagine that pie in the face. stuart: they've ju
and now we've got a trillion dollar deficit. i just don't know where this administration is coming from. charles: he added the caveat we have like a health care sort of problem, which at least we believe the next course of attack will be anything associated with that. people out there watching the show whose employers pay for their health care, those great fringe bertnefits, we used to tk about, i don't see how they escape this year without being taxed. >> dreadful and also, government...
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Jan 1, 2013
01/13
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that would help the federal government in terms of dealing with the deficit, but nonetheless, it still won't be enough, but it will be a start in that direction. that's the current cutoff, but we don't have that deal yet. absent that deal and as long as the clock keeps ticking, all of this is on the table for all of us. one more thing i should mention, bear in mind this past year, all of us have enjoyed a payroll tax vacation. payroll taxes were reduced across the country to help people deal with this bad economy right now. that's ending. there's no sign that's not going to end. everyone is going to pay a little more anyway. what we're worried about is this extra level on top. that is what many volters are paying attention to and that is the real bear in the woods that has democrats and republicans both worried about these negotiations. >> the clock, as you point out, is ticking, ticking, ticking right now. tom, thank you. >>> what's at stake for the millions of americans already out of a job once the country goes over the fiscal cliff? that and much more when our special coverage cont
that would help the federal government in terms of dealing with the deficit, but nonetheless, it still won't be enough, but it will be a start in that direction. that's the current cutoff, but we don't have that deal yet. absent that deal and as long as the clock keeps ticking, all of this is on the table for all of us. one more thing i should mention, bear in mind this past year, all of us have enjoyed a payroll tax vacation. payroll taxes were reduced across the country to help people deal...
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Feb 27, 2013
02/13
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CNBC
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there seems to be no plan for a grand bargain to lower the dealt and deficit. instead, we get more of the same. tax, spend and borrow. but the market doesn't care right now. why? ben pbernanke to the rescue. >> the committee remains confident that it has the tools necessary to tighten monetary policy when the time comes to do so. as i noted, inflation is current it will subdued and inflation expectations appear well anchored. neither the fomc nor private forecasters are projecting the development of significant inflation pressures. >> so, we wait for any signs of the fed taking its foot off the pedal and rates move higher. any hint of after this is, of course, bad news for the stock market. but so far, that does not seem to be in the cards. also, watch the ten-year yield earlier in the program, hedge fund manager bob olsteen said he would not be worried until the ten-year yield hits 3.5%. take a look at where it is. comfortably below that 2% level. this market will likely suffer many selloffs, but that's likely to be met with a buy on the dip mentality. like we
there seems to be no plan for a grand bargain to lower the dealt and deficit. instead, we get more of the same. tax, spend and borrow. but the market doesn't care right now. why? ben pbernanke to the rescue. >> the committee remains confident that it has the tools necessary to tighten monetary policy when the time comes to do so. as i noted, inflation is current it will subdued and inflation expectations appear well anchored. neither the fomc nor private forecasters are projecting the...
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Mar 16, 2013
03/13
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FBC
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that deficits don't matter. neil: explained. explain your point. explain your point. >> it is a ridiculous argument. what you see in washington is political gridlock, not the fact that members and facts a being had from the public. people cannot agree on a philosophical approach. people cangree on whether not you take a big slice out of the deficit when you are a 1 percent growth. people can agree, and the republican party can agree about what to do about entitlements. some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in eleions. >> you cannot ignore the math. let's be clear about that. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of the company for the mistakes and/or held accountable by shareholders for those mistakes. the shareholde
that deficits don't matter. neil: explained. explain your point. explain your point. >> it is a ridiculous argument. what you see in washington is political gridlock, not the fact that members and facts a being had from the public. people cannot agree on a philosophical approach. people cangree on whether not you take a big slice out of the deficit when you are a 1 percent growth. people can agree, and the republican party can agree about what to do about entitlements. some people can...
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Dec 12, 2013
12/13
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FBC
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and then this deficit reduction, $2.3 billion a year. it is 0.3% of this past year's deficit. this is kind of embarrassing. >> i have been doing this for 30 years. and i'm kind of embarrassed to say that. so every time the congress wants to spend money, what they do is exactly what they have done here. they basically say that we will allow more spending than a couple of years. but then we will be really disappointed in our spending. and so this happens, half a decade or more from now. and i would bet you a dime to a dollar, the spending cuts are not going to happen. dennis: what you say? >> that's usually how it goes. there's other stuff in this budget as well. a lot of those messages are just poor examples. prisoners are now able to collect unemployment information and a budget conference you haven't had in four years, do you need that to make that happen? really? it doesn't address our debt and it actually pushes this down and we still have to address that big problem and there will just be another moment of crisis down the road. >> someone likened this to wimpey from the po
and then this deficit reduction, $2.3 billion a year. it is 0.3% of this past year's deficit. this is kind of embarrassing. >> i have been doing this for 30 years. and i'm kind of embarrassed to say that. so every time the congress wants to spend money, what they do is exactly what they have done here. they basically say that we will allow more spending than a couple of years. but then we will be really disappointed in our spending. and so this happens, half a decade or more from now. and...
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Apr 30, 2013
04/13
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in other words, you've got to have a deficit reduction plan, but if necessary, you've got to calibrate that, so that it's not happening so sharply, that your growth levels or your deficit becomes worse and you get a downward spiral. so, look, i think it's possible for the government to adjust. i think in a way, it is adjusting. but i think it's important to balance the monetary effect that the bank of demand policies are taking with a fiscal, you know, a fiscal plan that allows our economy to carry on growing. >> we are, of course, in a global, connected economy. and the emerging markets, certainly throughout asia, seem to be showing real growth rates. can we see the interconnectedness on the positive side of things, rather than the interconnectedness on the negative side of things, which is what we saw in 2007 and 2008? do you think that is going to be helpful for the u.s. and the euro zone? >> yes, i think it could be. i mean, i'm optimistic about the new chinese leadership. i think they're really, smart, capable people who understand the next stages of reform in china are important,
in other words, you've got to have a deficit reduction plan, but if necessary, you've got to calibrate that, so that it's not happening so sharply, that your growth levels or your deficit becomes worse and you get a downward spiral. so, look, i think it's possible for the government to adjust. i think in a way, it is adjusting. but i think it's important to balance the monetary effect that the bank of demand policies are taking with a fiscal, you know, a fiscal plan that allows our economy to...
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Sep 26, 2013
09/13
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we should deal with them, but the fact is you won't give the president credit for reducing the deficit. >> i want to ask an a la cart question. if everything that stephanie objects to is tripped out, the debt ceiling comes out and all it has is the repeal of the tax on medical technology, which is what an anti-innovation and anti-jobs tax, and particularly hits minnesota. >> it hits minnesota. >> if it has one thing on it over and above the debt ceiling, which is the repeal of that tax? >> you know . >>> we haven't talk about the shutdown. we've been talking about a lot of other stuff, but the shutdown, we can negotiate over that kind of stuff. again, i know that to get a deal, i'm going to have to vote for stuff i sure don't like, cory, and so are you, but we have a situation where it's my way or the highway. >> remember the budget control act went through? it was passed. >> i remember it. >> come on, come on. cory, no. >> we can talk about the opportunities to work together, but then the they made changes as necessary. they want to get the law a chance. i have a very specific questio
we should deal with them, but the fact is you won't give the president credit for reducing the deficit. >> i want to ask an a la cart question. if everything that stephanie objects to is tripped out, the debt ceiling comes out and all it has is the repeal of the tax on medical technology, which is what an anti-innovation and anti-jobs tax, and particularly hits minnesota. >> it hits minnesota. >> if it has one thing on it over and above the debt ceiling, which is the repeal of...
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Mar 11, 2013
03/13
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and through that process, hopefully produce a bipartisan agreement on deficit reduction, balanced deficit reduction that couples entitlement reform. >> the way that would work is that you would have the budget sequester, if this is successful, replaced by entitlement cuts. and a tax reform process that would produce some revenue that, in theory, would meet democrat's desire for additional revenue. and the president will continue to try to make that happen. he will see both the house and senate caucuses and we will see soon whether or not he can bridge the gap and make a deal. it's failed so far. >> there are a lot of fingers crossed certainly down here. john harwood, thank you very much. and we want to let you know that tomorrow night exclusively on the kudlow report, represent paul ryan will join larry talking about those very issues that john just outlined for us. >> the stocks have been flying high with the airline index up 45%, 20% so far this year alone. what is fuelling the red hot sector? phil lebeau knows. >> really have not seen a lot of storms that have hit the bottom line. then
and through that process, hopefully produce a bipartisan agreement on deficit reduction, balanced deficit reduction that couples entitlement reform. >> the way that would work is that you would have the budget sequester, if this is successful, replaced by entitlement cuts. and a tax reform process that would produce some revenue that, in theory, would meet democrat's desire for additional revenue. and the president will continue to try to make that happen. he will see both the house and...
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Jan 14, 2013
01/13
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CNBC
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one that would reduce our deficits by $4 trillion over the next decade. which would stabilize our debt, and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable. so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research, all the things that help us grow. step by step, we've made progress towards that goal. over the past two years i've signed into law about $1.4 trillion in spending cuts. two weeks ago i signed into law more than $600 billion in new revenue. by making sure the wealthiest americans begin to pay their fair share. when you add the money that we'll save in interest payments on the debt, all together that adds up to a total of about $2.5 trillion in deficit reduction over the past two years. not counting the $400 billion already saved from winding down the wars in iraq and afghanistan. so we've made progress. we are moving towards our ultimate g
one that would reduce our deficits by $4 trillion over the next decade. which would stabilize our debt, and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable. so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research, all the things that help us grow. step by step, we've made progress towards...
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Dec 11, 2013
12/13
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>> not at all. >> he's saying it does bring down deficit -- >> he's saying that the deficit is reduced ten years from now instead of today. what we're doing is increasing spending today for the 2014 and 2015 years, with promising of spending reductions ten years from now. that's constitutionally what the sequester was. >> what does the word bipar sanship mean to you and the tea party? >> what it means to me is we can come osteoto do things for the american people. this doesn't do anything for the american people. it just increases spending. >> congressman becerra, democrats are not completely aligned with this bill, either. there seems to be a fissure. democracy for america sent out an e-mail telling democrats not to vote for it. with progressives like elizabeth warren, phil deblass i don't, van jones over here, trying to bring the party further leftward, aren't you worried that democrats who vote for this are going to be communicating that they're vu lip service to the progressive values that they talk about? >> no, not really. what democrats are saying and what a lot of progressive d
>> not at all. >> he's saying it does bring down deficit -- >> he's saying that the deficit is reduced ten years from now instead of today. what we're doing is increasing spending today for the 2014 and 2015 years, with promising of spending reductions ten years from now. that's constitutionally what the sequester was. >> what does the word bipar sanship mean to you and the tea party? >> what it means to me is we can come osteoto do things for the american people....
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Jan 1, 2013
01/13
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that's really the centerpiece of our deficit and debt challenge. but in the short term that is over the next year or two, i don't think we ought to be tackling the budget deficit. we have huge unemployment, a lot of underutilized capacity in this country. it's exactly the wrong time to embrace austerity economics. ali, if i can just make one more point. that is one thing that really worries me about this current agreement as it is being structured is it doesn't deal with the debt ceiling. there is no agreement on the debt ceiling, which means you're going to have beginning next week or even sooner, republicans and democrats engaged in the same sort of trench warfare we've had for years over raising the dents. and that debt ceiling. without an agreement, we're back to square zero. >> we agree on that point. great to see you both. thanks for staying up with us and happy new year to both of you. hope we don't have to talk again tonight. >> one of the main stumbling blocks in the fiscal cliff negotiations was that no-tax pledge most republicans signed
that's really the centerpiece of our deficit and debt challenge. but in the short term that is over the next year or two, i don't think we ought to be tackling the budget deficit. we have huge unemployment, a lot of underutilized capacity in this country. it's exactly the wrong time to embrace austerity economics. ali, if i can just make one more point. that is one thing that really worries me about this current agreement as it is being structured is it doesn't deal with the debt ceiling. there...
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Jan 25, 2013
01/13
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after years of budget deficits, the state's finally in the black and brown says he intends to keep it that way. >> this means living within our means and not spending what we don't have. >> reporter: in his 11th state of the state address, he laid out his ideas for the second half of his term, including enhancing trade with china, improving the state's water system and moving forward with high-speed rail. >> i signed the original high speed rail authority in 1982. more than 30 years ago. in 2013, we finally break ground and start construction. >> the governor also keyed in on education, pledging to bring more money to schools in low income districts and vowing to do what he can to keep college costs in check. >> but tuition increases are not the answer. i'm not going to let the students of california become the default financiers of our colleges and universities. >> when you consider what we faced four years ago and two years ago, i'm smiling. >> democrats say they like what they heard. but some say restoring money to social service programs was noticeably missing. >> the governor had
after years of budget deficits, the state's finally in the black and brown says he intends to keep it that way. >> this means living within our means and not spending what we don't have. >> reporter: in his 11th state of the state address, he laid out his ideas for the second half of his term, including enhancing trade with china, improving the state's water system and moving forward with high-speed rail. >> i signed the original high speed rail authority in 1982. more than 30...
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Apr 3, 2013
04/13
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MSNBCW
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they focussed on creating jobs and some say reducing the deficit should be the top priority. the republican pollster and the "washington post" anderson. we will go to the pollster first. make you have to defend our p l polling. this issue, bobby jindal has been critical of this. republicans in washington sound like book keepers. seems as if the white house polls a lot better than house republicans. >> i don't know that it's house republicans. take a look at how they did in the 2010 elections. where are the jobs? they got this this was the dynamic. >> that was in 2010. you bring up the point. >> they are still focused on that. they have a caucus that is focussed on 16 trillion. there a lot of priorities. they think it's a challenge to get everyone to focus on the number one issue. >> where are they today is a good question. where are they today applies to the republican party with respect to a wight range of issues. even talking about the accountants and the american people talk about the anxiety. they are not hearing what the american people are saying. that's one of the reas
they focussed on creating jobs and some say reducing the deficit should be the top priority. the republican pollster and the "washington post" anderson. we will go to the pollster first. make you have to defend our p l polling. this issue, bobby jindal has been critical of this. republicans in washington sound like book keepers. seems as if the white house polls a lot better than house republicans. >> i don't know that it's house republicans. take a look at how they did in the...
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Mar 13, 2013
03/13
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stuart: paul krugman is telling him that big deficits don't matter. he's telling the president that deficits are under control. don't worry about it. the president is taking that message and running with it. liz: that runs counter to what he wrote in 05 when he said big deficits do matter, they really do ruin the economy. right now we have the president with a credibility issue. he was talking about the spending cuts, the sequestration cuts as if, you know, a collapse was going to happen. i will tell you, this is breaking news, pimco, black rock, they are all preparing for when interest rates rise because of the massive debt spending going on. they are saying rates will have to rise in a big way to pay for spending. stuart: that is a huge negative. that's a major negative for the stock market. liz: you can see the buyer's remorse at the federal reserve in buying all the u.s. debt. stuart: all right. the dow is down 29 points now, backing away from the all-time high that we reached yesterday at the close. the obama administration was required by law to
stuart: paul krugman is telling him that big deficits don't matter. he's telling the president that deficits are under control. don't worry about it. the president is taking that message and running with it. liz: that runs counter to what he wrote in 05 when he said big deficits do matter, they really do ruin the economy. right now we have the president with a credibility issue. he was talking about the spending cuts, the sequestration cuts as if, you know, a collapse was going to happen. i...
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Mar 3, 2013
03/13
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the president doesn't seem to care about the deficit. he seem toes want to actually increase spending learn reducing t fanned we continue these trillion dollar deficits forever, eventually, we will. it is not speculation, will be like greece or spain, people won't buy our debt and then we will have a real collapse. then we have to put cut spending by 25% overnight. >> -- i wonder congresswoman if this simply says that over the next four years, no matter what there will be no compromise you there will be no meeting of the minds, won't matter whether there is a meeting on capitol hill or a meeting at the white house but things just will not get done in any other fashion except what we have just seen. >> well, first of all, i don't think that that should be the case and i think that there's an example. we passed the violence against women's act just a couple of days ago and we did that because the republicans broke with the policy that every single republican has to vote on the bill in order for to go through. both democrats and republicans
the president doesn't seem to care about the deficit. he seem toes want to actually increase spending learn reducing t fanned we continue these trillion dollar deficits forever, eventually, we will. it is not speculation, will be like greece or spain, people won't buy our debt and then we will have a real collapse. then we have to put cut spending by 25% overnight. >> -- i wonder congresswoman if this simply says that over the next four years, no matter what there will be no compromise...
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Feb 20, 2013
02/13
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that puts a whole new spin on deficit spending. are we really investing in our deficit? good question. now the president has also been using the word loophole. and that is clearly a pejorative. loophole, sounds bad, doesn't it? he's really talking about tax deductions. which we all know and use. are you exploiting a loophole when you deduct your mortgage interest? i'm sure you don't see it like that, do you? special interests, hmmm, how about that, special interests, the president makes these special interests sound wicked, as if they are ruining america. well, perhaps they are, but it seems like they're only wicked when special interests support republicans. surely, unions and trial lawyers, aren't they special interests? and in my opinion, they have done damage to us all, that they are the democrats base, so they are spared the special interest label. and finally, tax reform, this is a republican idea, for lower tax rates. the president has hijacked the expression, so tax reform now means higher tax rates. so let's be clear. to follow the debate these days, you have to
that puts a whole new spin on deficit spending. are we really investing in our deficit? good question. now the president has also been using the word loophole. and that is clearly a pejorative. loophole, sounds bad, doesn't it? he's really talking about tax deductions. which we all know and use. are you exploiting a loophole when you deduct your mortgage interest? i'm sure you don't see it like that, do you? special interests, hmmm, how about that, special interests, the president makes these...
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Feb 24, 2013
02/13
by
KPIX
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we put about 28 to reduce the deficit, $40 billion to increase pell grant. we've gone from six million pel recipients recipients to 19million. that's us showing creativity. >> garrett: you mentioned pink slips a moment ago. who is sending them out states, because they're hearing from you? >> this is local school districts trying to manage i was a superintendent and c.e.o. for seven and a half years. this is the spring. you're trying to plan your package for the fall. and with this much instability this much chaos coming from washington-- again fact that this is so easily avoidable is why i'm so angry. if information would just work together compromise, find a middle ground, we wouldn't put districtand families and children through this much trauma. >> garrett: the white house did concede earlier this week-- and i know oops a debate the white house doesn't like to get into-- but want idea for the kroos want board spending cuts did originate with the white house. do you think the administration regrets the idea in the first place. >> i think the sequester was
we put about 28 to reduce the deficit, $40 billion to increase pell grant. we've gone from six million pel recipients recipients to 19million. that's us showing creativity. >> garrett: you mentioned pink slips a moment ago. who is sending them out states, because they're hearing from you? >> this is local school districts trying to manage i was a superintendent and c.e.o. for seven and a half years. this is the spring. you're trying to plan your package for the fall. and with this...
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Jan 3, 2013
01/13
by
FOXNEWSW
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the deal ends up adding more than $300 million smackers to the deficit. your deficit. it is a bigger deficit. you have to move down the food chain. to you. to the under $400,000 and $450,000 crowd. i am thinking $50,000 and over. hike all their taxes, say, conservatively, 5 percent, all of them, all of them, and it still would not keep up, still would not keep up with the spiraling growth out-of-control programs like medicare, medicaid, and social security. i have not touched defense. do not get me going on defense, just to sustain what we do not want to cut, we would have to raise everyone's taxes a hell of a lot more than anyone can fathom. along the way you could hope, pray, for business boom. like the bill clinton boom with the internet but if this high tax environment i suspect you would be waiting a long-term. that is my opinion. and there is the issue of how much money you would really get from their higher taxes anyway. usually not as much use thing. the higher taxes restrict growth which restrict revenue. ask states like maryland or cups like the majesty of en
the deal ends up adding more than $300 million smackers to the deficit. your deficit. it is a bigger deficit. you have to move down the food chain. to you. to the under $400,000 and $450,000 crowd. i am thinking $50,000 and over. hike all their taxes, say, conservatively, 5 percent, all of them, all of them, and it still would not keep up, still would not keep up with the spiraling growth out-of-control programs like medicare, medicaid, and social security. i have not touched defense. do not...
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May 5, 2013
05/13
by
CNNW
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eye 86
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deficit down and create jobs? i'll give you a hint, we need to turn illegal into legal. i'll explain. >>> but, first, here's my take. those urging america to intervene in syria are sure of one thing. if we had gotten in sooner, things would be better in that war-torn country. had the obama administration gotten involved earlier, there would be less instability and fewer killings. we would not be seen in john mccain's words this week -- >> astrosities on a scale we have not seen in a long, long time. >> in fact, we have seen atrocities much worse than those in syria recently. in iraq only a few years ago from 2003 to 2012, despite there being as many as 180,000 american and allied troops in iraq, somewhere between 150,000 and 300,000 iraqi civilians died and about 1.5 million fled the country. jihadi groups flourished throughout iraq and al qaeda had a huge presence there. and yet more terribletheni thin happen there than in syria. why? not to make comparisons of atrocitiau atrociti atrocities. we can learn a lot from our experience there. all the features of syria's civi
deficit down and create jobs? i'll give you a hint, we need to turn illegal into legal. i'll explain. >>> but, first, here's my take. those urging america to intervene in syria are sure of one thing. if we had gotten in sooner, things would be better in that war-torn country. had the obama administration gotten involved earlier, there would be less instability and fewer killings. we would not be seen in john mccain's words this week -- >> astrosities on a scale we have not seen...
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Jan 15, 2013
01/13
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CNNW
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he said trimming the budget deficit should be a different discussion separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills, and we are not a deadbeat nation. >> clearly house speaker john boehner thinks differently. he responded by saying, quote, the american people do not support raising the debt ceiling without reducing government spending at the same time. >>> these pens are designed to be used only by one person, but an investigation discovered that many of them were used on multiple people. >>> are you in hawaii or going there anytime soon? surfers, beware. check out this video. it's a real-life jauss. two sharks were swimming dangerously close to the show. can you believe it? look at that. you could wade in and be bitten, eaten. last year there were a total of 11 shark attacks in hawaii. >> that's what i call dangerously close. >> oh, my goodness. >> so some people in the southeast waking up to the dual danger of flooding and ice. alexandra steele in the weather center. good morning. >
he said trimming the budget deficit should be a different discussion separate from the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills, and we are not a deadbeat nation. >> clearly house speaker john boehner thinks differently. he responded by saying, quote, the american people do not support raising the debt ceiling without reducing government spending at the same time. >>> these pens are...
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Oct 15, 2013
10/13
by
CNN
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the president and harry reid won't raise medicare budget deficits often years will be increased $800 billion because of obama care. that's a fact. >> you would be willing to make cuts, i want to make it clear to those entitlement, things like medicare. >> we have had those votes. i've had those votes on numerous things. yes i will. we have to make some changes nine order to look to balance our budget. the debt ceiling is not the problem. the problem is the spending that continues to attempt to exceed our ability to brother. at the end of the day folks not only in america but around the world should be worried about out of control too much spending going on in washington. that didn't start yesterday or five years ago it's been going on for decades. now it's time to solve the problem. >> just as a tweet coming out from your office, i'm assuming you sent it yourself. you sent it to senator ted cruz. where are we having dinner tonight. i guess two questions four. one, you're going to dinner with ted cruz. do you agree with people who say ted cruz has been the cancer at the center of all
the president and harry reid won't raise medicare budget deficits often years will be increased $800 billion because of obama care. that's a fact. >> you would be willing to make cuts, i want to make it clear to those entitlement, things like medicare. >> we have had those votes. i've had those votes on numerous things. yes i will. we have to make some changes nine order to look to balance our budget. the debt ceiling is not the problem. the problem is the spending that continues to...